Specialist downhole tool provider Peak Well Systems has opened a new technology center in Dubai dedicated to its growing customer base in the Middle East and North Africa. The facility accommodates regional technical sales and engineering teams for improved customer reach…
UK-based offshore vessel operator Seajacks has taken delivery of its fourth vessel, Hydra (pictured), from Dubai-based oil and gas engineering and fabrication firm Lamprell. Hydra is the fourth vessel Lamprell has built for Seajacks, which has a fifth vessel…
Iran's oil production will reach 4 million barrels per day (bpd) by the end of the current Persian calendar year in March 2015, a senior Iranian oil official said. Mohsen Qamsari, director for international affairs at the National Iranian Oil Company (NIOC)…
The Centennial J tanker will be converted by MODEC for Tullow's TEN field. Photo by: Tullow Oil Plc/Joseph Lynch. E&P companies will continue to invest in deepwater exploration and development…
As Infield Systems prepares for the annual release of its Deep and Ultra-deepwater Market Report to 2018, we look to global development of the deepwater sector and the emerging trends over the forthcoming five years. Looking back over the previous five-year period…
Saipem has been awarded a new engineering and construction contract in the Caucasus region and some new drilling contracts in the Middle East, for a total value of about US$750 million. In the E&C onshore sector, Saipem has been awarded by the Shah Deniz consortium…
Woodside Energy has axed its plans to purchase a sizeable stake in Israel’s Leviathan gas project, terminating its February memorandum of understanding (MOU) with the joint venture participants, the Australian company announced 20 May. This…
Subsea and offshore solutions provider Unique Maritime Group has made a move into offshore containers by agreeing to form a joint venture with OEG Offshore (OEG), to offer the rental and sale of offshore equipment in the Middle East. The new joint venture company…
Drydocks World has completed a major repair and refurbishment of National Drilling Company’s (NDC) jackup drilling rig Al Ittihad. The company has carried out maintenance work on several of NDC’s rigs and the numbers have increased over the years…
Ensco plc sold its ENSCO 85 jackup rig for $64 million, the company announced on 24 April 2014. The sale is part of trend among jackup rig providers including Transocean, Maersk Drilling, Noble, and Seadrill to modinize their fleets (See 'Jackups on the rise' in OE May 2014)…
Transparency Market Research has released a new market report titled 'Enhanced Oil Recovery (EOR) Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2023,' that defines and segments the enhanced oil recovery…
Dubai-based rig and platform builder Lamprell has set an official Guinness World Record for the heaviest load moved by self-propelled modular trailers (SPMTs) as part of the Golden Eagle platform project (pictured). Lamprell’s contract was for a production…
Rig operator Ensco plc has ordered two new jackup drilling rigs from Dubai-based Lamprell, and has options for two additional units, exercisable within six months from the effective date of the contract. The inititial contract is for two high-specification…
Dubai’s Drydocks World is to build two new Gusto MSC CJ54-X135-A-design jackup rigs for Malta Oil & Gas./p> The triangular-shaped hull units (pictured) will be 76 x 76m with 180.6m-long, open-truss legs with rack and pinion type elevating systems and leg-to-hull fixation systems…
Abu Dhabi’s national oil company, ADNOC, has ordered two 45m-long, high-speed, catamarans to be used to service its offshore oil and gas facilities. The contract to design and build the vessels was awarded to Australia's Austal Limited…